material adverse change (MAC)
A clause used with mergers and acquisitions that allows the acquiring party to cancel the acquisition in the condition that there is a significant change with the target company. This clause allows the acquiring party to be protected if something negative happened to the target company which made the acquirer no longer interested in purchasing the company. also called material adverse effect or material adverse event.
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material adverse change (MAC) is ...
... part of the Mergers & Acquisitions subject.







